Easing red tape on family trusts part of a wider suite of changes
New Zealanders who play by the rules should not be tied up in red tape, Nicole McKee says.
The Government is getting rid of unnecessary red tape in anti-money laundering legislation.
The coalition Government is reducing the red tape families face when they sell a home held in a family trust.
Associate Justice Minister Nicole McKee said reforms to the Anti-Money Laundering and Countering Financing of Terrorism Act (AML/CFT) would remove onerous obligations placed on families when
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